By FXEmpire.com
The EUR/GBP pair moved very little during the session on Friday as the pair continues to levitate in the 0.81 handle area. This pair features two currencies that are very much unloved at the moment, and this shows in the lack of movement over the last several sessions. Simply put, we have the Euro which is a mess, and the Pound which relies on Europe for an export market. The interconnectivity of this pair will make trending moves difficult, although all things being equal we would prefer to own the Pound. On a break of the lows in the 79.50 level – we are selling again.
Click here to read EUR/GBP Technical Analysis.
Originally posted here
